Reid: Dems Ready to Deal on Cuts
Senate Majority Leader Harry Reid (D-Nev.) said Thursday he’s ready to compromise on spending after a GOP spending-cut bill won more votes in the Senate than the Democratic alternative.
“We accept the lessons of yesterday's vote,” Reid said in floor comments. “We know we’ll have to make a sacrifice to reach consensus, and we are willing to do that.”
The GOP measure, which would cut spending this year by $57 billion, lost by a vote of 44-56, while the Democratic bill to cut $6.5 billion was rejected, 42-58.
More importantly, 10 Democrats and Independent Sen. Bernie Sanders (Vt.) broke with their leadership and rejected the party's spending measure. Only three Republicans voted against their party’s plan; all want to see even deeper cuts.
Click here to read more.